The Financial Services Compensation Scheme (FSCS) could face paying out tens of millions of pounds linked to claims of bad advice to invest in film and property schemes, as an advice firm teeters on the brink of default.
According to a notice posted on public record website The Gazzette, advice and accountancy firm Chancery UK LLP, later trading as Suber PCS, held a voluntary insolvency meeting at the end of September....
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